Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Receives Average Rating of “Buy” from Analysts

Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) have received an average rating of “Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $104.00.

A number of research analysts have recently weighed in on KOF shares. Barclays raised their price target on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. StockNews.com raised shares of Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KOF. SBI Securities Co. Ltd. bought a new stake in shares of Coca-Cola FEMSA in the fourth quarter valued at approximately $29,000. Steward Partners Investment Advisory LLC increased its holdings in shares of Coca-Cola FEMSA by 1,388.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company’s stock worth $31,000 after purchasing an additional 375 shares during the period. Banque de Luxembourg S.A. acquired a new position in shares of Coca-Cola FEMSA during the fourth quarter valued at about $43,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Coca-Cola FEMSA during the fourth quarter valued at about $43,000. Finally, Parvin Asset Management LLC bought a new stake in shares of Coca-Cola FEMSA in the fourth quarter valued at about $56,000.

Coca-Cola FEMSA Stock Performance

Shares of NYSE KOF opened at $92.43 on Friday. Coca-Cola FEMSA has a one year low of $72.68 and a one year high of $102.28. The business’s 50-day moving average price is $84.16 and its two-hundred day moving average price is $83.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.94. The company has a market capitalization of $155.34 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 0.62 and a beta of 0.79.

Coca-Cola FEMSA (NYSE:KOF) last released its quarterly earnings data on Friday, February 21st. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.22. The firm had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.49 billion. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%. Analysts anticipate that Coca-Cola FEMSA will post 5.7 earnings per share for the current fiscal year.

About Coca-Cola FEMSA

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.